South Carolina approves Amazon deal
New York City — South Carolina legislators gave final approval Wednesday to a deal bringing Amazon.com and its promise of 2,000 jobs to the state, the Associated Press reported.
The House voted 90-14 to approve a compromise brokered last week in the Senate, sending the measure to Gov. Nikki Haley’s desk.
Haley opposes the measure but has repeatedly said she won’t veto it. The Republican governor has called it bad policy that’s unfair to retailers that collect the tax. If not signed or vetoed, the bill would become law after five days.
The deal gives Amazon a five-year exemption from collecting sales taxes from South Carolina’s online shoppers. In return, the online retailer must create the full-time jobs with health benefits and invest at least $125 million through the end of 2013.
Amazon’s plans to open a one million-sq.-ft. facility in Lexington County are expected to create thousands of spin-off jobs, including in shipping at the nearby airport and United Parcel Service hub.
Kurt Salmon: Luxury sales to continue upward
San Francisco — Luxury sales are expected to continue to increase through June, according to Kurt Salmon’s Luxury Spending Trajectory. The proprietary index, which tracks high-income consumers’ confidence and intent to spend, has been highly correlated with luxury same-store sales growth over the last five years.
"Luxury consumers’ confidence is up two percentage points, and they are reporting plans to spend more, both of which translate to an expected increase in sales for luxury retailers," said Greg Ellis, a Kurt Salmon retail and luxury strategist. "After months of cautiousness, the luxury consumer is back and she’s ready to buy.”
Roundy’s Supermarkets selects Grandville Printing for digital in-store signs
Grand Rapids, Mich. — Roundy’s Supermarkets has signed a contract with Grandville Printing Co. (GPC) to digitally print in-store shelf tags and price signs every week.
Roundy’s has fully deployed the GPC Nexgen program where shelf edge tags and price signs are delivered bursted and boxed in planogram order by aisle for each individual store.
"GPC’s ability to deliver pre-burst and sorted tags has increased the efficiency of store-level pricing execution, which allows us to place more focus on serving our customers," said Jason Benish, VP of pricing and strategic initiatives for Roundy’s, which operates 155 grocery stores and 92 pharmacies under the Pick ‘n Save, Copps, Rainbow, Metro Market and Mariano’s Fresh Market banners in Wisconsin, Minnesota and Illinois.
Roundy’s tags are now centrally printed using HP Indigo digital presses, cut and packaged in planogram order, boxed and delivered every week for delivery to the stores. Roundy’s pricing and marketing departments now have the ability to make changes faster and benefit from relevant messaging to consumers at the shelf.